Permit chasers


Please be advised if you have received an offer for you mineral rights that is a much higher value than you normally have received it could be from permit chasers. Permit chasers are companies that have found out permits to drill on your land have been given out by the state of North Dakota for Wells. The companies will pay somewhere around 8 to 9 thousand per acre, but this neagates any income for you if these permits produce. Oil. If you’ve receive such an offer I suggest you get a hold of your landman to investigate.